The following data are the monthly salaries of some 400 workers in thousands of Ghana cedis...
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The following data are the monthly salaries of some 400 workers in thousands of Ghana cedis in a certain gold mining company in GHANA tenminute recording M 10 2030 20 41 27 28 12 038 32 23 1631 dg 10 For 40 16 28 om 37 11 33 28 9 22 31 40 26 30 22 35 19 24 29 34 11 31 10 43 24 38 36 36 13 30 21 29 18 25 31 30 27 37 12 12 39 26 34 39 32 7 10 33 11 23 28 31 11 37 30 38 28 20 22 14 24 26 32 13 27 30 26 31 23 30 39 35 11 29 37 9 36 8 34 35 24 23 27 27 31 29 19 30 35 11 28 40 12 29 29 9 25 23 37 22 41 10 33 26 28 28 22 29 34 26 34 22 25 19 36 12 33 24 27 33 24 29 23 24 32 26 33 11 29 12 38 11 28 22 34 27 28 13 39 29 32 16 11 24 27 31 9 12 29 33 33 36 9 44 25 35 23 43 27 43 32 26 28 36 28 32 32 37 26 27 31 10 11 24 28 32 20 21 35 25 25 34 29 48 11 34 22 18 27 30 31 28 46 34 26 10 29 10 33 39 30 30 30 30 13 21 20 38 24 29 36 42 6 16 38 19 22 35 11 32 26 33 42 30 27 30 19 31 34 12 37 7 12 35 29 37 28 25 39 30 10 35 36 29 23 39 27 37 41 31 13 28 33 28 9 39 36 26 34 44 32 23 31 17 30 33 30 11 41 29 37 44 28 27 31 36 35 34 38 10 28 23 12 31 12 27 19 45 25 43 35 41 29 29 32 28 34 25 36 9 24 38 30 12 35 29 31 34 21 33 26 40 15 21 31 32 26 34 22 15 8 41 43 31 24 12 30 38 28 32 25 30 29 20 26 32 24 11 38 27 35 31 10 29 32 27 10 17 27 7 32 26 15 33 33 28 27 29 14 13 32 9 31 24 28 9 34 35 29 21 36 17 35 11 42 42 30 25 29 21 33 28 27 23 37 30 25 32 21 The Finance Director of this Company is going for a Board Meeting to explain this data of salaries to the board for a possible increment for those at the lower levels. As his personal assistant, prepare a report for him to present at the meeting by doing the following; 1. Construct a frequency table, for this data starting with the intervals 610, 1115, 16  20, ... and draw a histogram for the distribution 2. What are the maximum and minimum salaries of the distribution. 3. Compute the Arithmetic mean of the distribution. 4. Compute the Harmonic mean of the distribution 5. What is the Geometric mean of the distribution. 6. Compute the Standard deviation of the distribution. Comment on your results. 7. Compute the Mean deviation of the distribution. Comment on your results. 8. Compute the coefficient of variation of the distribution. Comment on your results 9. Compute the Lower Quartile of the distribution. Comment on your results 10. Compute the Median of the distribution. Comment on your results. 11. Compute the Upper quartile of the distribution. Comment on your results. 12. Compute the 90th Percentile of the distribution. Comment on your results. 13. Compute the 10th Percentile of the distribution. Comment on your results. 14. Compute the Coefficient of Skewness of the distribution. Comment on your results. 15. Compute the Coefficient of Kurtosis of the distribution. Comment on your results. 16. Compute the 8th decile of the distribution. Comment on your results. In conclusion use the above information to write the final report. The following data are the monthly salaries of some 400 workers in thousands of Ghana cedis in a certain gold mining company in GHANA tenminute recording M 10 2030 20 41 27 28 12 038 32 23 1631 dg 10 For 40 16 28 om 37 11 33 28 9 22 31 40 26 30 22 35 19 24 29 34 11 31 10 43 24 38 36 36 13 30 21 29 18 25 31 30 27 37 12 12 39 26 34 39 32 7 10 33 11 23 28 31 11 37 30 38 28 20 22 14 24 26 32 13 27 30 26 31 23 30 39 35 11 29 37 9 36 8 34 35 24 23 27 27 31 29 19 30 35 11 28 40 12 29 29 9 25 23 37 22 41 10 33 26 28 28 22 29 34 26 34 22 25 19 36 12 33 24 27 33 24 29 23 24 32 26 33 11 29 12 38 11 28 22 34 27 28 13 39 29 32 16 11 24 27 31 9 12 29 33 33 36 9 44 25 35 23 43 27 43 32 26 28 36 28 32 32 37 26 27 31 10 11 24 28 32 20 21 35 25 25 34 29 48 11 34 22 18 27 30 31 28 46 34 26 10 29 10 33 39 30 30 30 30 13 21 20 38 24 29 36 42 6 16 38 19 22 35 11 32 26 33 42 30 27 30 19 31 34 12 37 7 12 35 29 37 28 25 39 30 10 35 36 29 23 39 27 37 41 31 13 28 33 28 9 39 36 26 34 44 32 23 31 17 30 33 30 11 41 29 37 44 28 27 31 36 35 34 38 10 28 23 12 31 12 27 19 45 25 43 35 41 29 29 32 28 34 25 36 9 24 38 30 12 35 29 31 34 21 33 26 40 15 21 31 32 26 34 22 15 8 41 43 31 24 12 30 38 28 32 25 30 29 20 26 32 24 11 38 27 35 31 10 29 32 27 10 17 27 7 32 26 15 33 33 28 27 29 14 13 32 9 31 24 28 9 34 35 29 21 36 17 35 11 42 42 30 25 29 21 33 28 27 23 37 30 25 32 21 The Finance Director of this Company is going for a Board Meeting to explain this data of salaries to the board for a possible increment for those at the lower levels. As his personal assistant, prepare a report for him to present at the meeting by doing the following; 1. Construct a frequency table, for this data starting with the intervals 610, 1115, 16  20, ... and draw a histogram for the distribution 2. What are the maximum and minimum salaries of the distribution. 3. Compute the Arithmetic mean of the distribution. 4. Compute the Harmonic mean of the distribution 5. What is the Geometric mean of the distribution. 6. Compute the Standard deviation of the distribution. Comment on your results. 7. Compute the Mean deviation of the distribution. Comment on your results. 8. Compute the coefficient of variation of the distribution. Comment on your results 9. Compute the Lower Quartile of the distribution. Comment on your results 10. Compute the Median of the distribution. Comment on your results. 11. Compute the Upper quartile of the distribution. Comment on your results. 12. Compute the 90th Percentile of the distribution. Comment on your results. 13. Compute the 10th Percentile of the distribution. Comment on your results. 14. Compute the Coefficient of Skewness of the distribution. Comment on your results. 15. Compute the Coefficient of Kurtosis of the distribution. Comment on your results. 16. Compute the 8th decile of the distribution. Comment on your results. In conclusion use the above information to write the final report.
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GHANANIAN WAGES STATISTICAL ANALYSIS In the analysis conducted various measures of central tendency were employed to characterize the distribution of wages among Ghanaian workers in a gold mining comp... View the full answer
Related Book For
Essentials of Statistics for Business and Economics
ISBN: 9781337114172
8th edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
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